Page 13 - Vol.37-No.3 issue
P. 13

ENVIRONMENT CONTROL

                 BASF PRESENTS ROADMAP TO CLIMATE


                                              NEUTRALITY


          BASF  is setting  itself  even  more   up to 1€ billion by 2025 to reach its new   transformation  now.  We  must  first
        ambitious goals on its journey to climate   climate target and a further 2€ billion   concentrate on the initial steps of this
        neutrality and wants to achieve net zero   to 3€ billion by 2030.       journey, not the final ones. That is why
        emissions by 2050. Based on the most   In  2018, BASF  Group’s  worldwide   BASF will increase its use of renewable
        recent progress in developing low-  emissions amounted to  21.9 million   energies. And we will accelerate the
        emission and CO-2free technologies,   metric  tons  of CO2 equivalents. In   development and deployment of new
        the  company  is  also  significantly   1990, this figure was roughly twice as   CO-2free processes for the production
        raising its medium-term  2030 target   high. The new  2030 emissions goal   of chemicals.  With transparency
        for reductions in greenhouse gas    represents a reduction of approximately   and offerings  to  systematically and
        emissions: BASF now wants to reduce its   60 percent compared to 1990 levels,   incrementally reduce  the carbon
        greenhouse gas emissions worldwide   which exceeds the European Union’s   footprint of BASF products throughout
        by 25 percent compared with 2018 –   target  of minus  55 percent. “The   the entire value chain, we help  our
        and to achieve this despite targeted   new climate goals underscore our   customers in all industries to reduce the
        growth and the construction of a large   determination and BASF’s commitment   carbon footprint of their own products,”
        Verbund site in South China. Excluding   to the Paris Climate Agreement. Climate   said Dr. Martin Brudermüller, Chairman
        the effects of the planned growth, this   change is the greatest challenge of the   of the Board of Executive Directors of
        means cutting CO2 emissions in half in   21st century.  In  response,  we must   BASF SE.
        the current business by the end of this   adapt our processes and our product
        decade. Overall, BASF plans to invest   portfolio. We need to accelerate this   BASF to replace
                                                                                   fossil fuels with new
                                                                                        technologies

                                                                                 At the heart of the long-term transition
                                                                                toward net zero CO2 emissions by
                                                                                2050 is the use of new technologies,
                                                                                which will  replace  fossil fuels  such
                                                                                as natural  gas  with  electricity  from
                                                                                renewable sources. Most of these
                                                                                technologies are being pioneered by
                                                                                BASF in collaboration  with partners
                                                                                and are currently in a pilot stage. Broad
                                                                                scaleup of these technologies will only
                                                                                be fully realizable after 2030. In order
                                                                                to accelerate the avoidance of CO2
                                                                                emissions prior to that date, BASF also
                                                                                continues to systematically implement
                                                                                continuous improvement processes
                                                                                for existing production plants. In
                                                                                addition,  BASF  will progressively




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